Report Says McKinsey's Growth
Hindered Its Ability to Use Data

An internal report by McKinsey & Co. concludes that the prestigious consulting firm's ability to manage research and information deteriorated as it experienced rapid growth during the 1990s.

The company's analysis, finished last year, has resulted in a shake-up of the firm's roughly 1,000-person research staff and a sharp increase in the amount of money that McKinsey spends on such efforts.